Rising Dragon Acquisition Corp. Announces the Separate Trading of its Ordinary Shares and Rights Commencing December 2, 2024
27 Novembro 2024 - 11:00AM
Rising Dragon Acquisition Corp. (NASDAQ: RDAC) (the “Company”)
announced today that, commencing December 2, 2024, holders of the
units sold in the Company’s initial public offering completed on
October 15, 2024 may elect to separately trade the ordinary shares
of the Company, and the rights included in such units on The Nasdaq
Capital Market (“Nasdaq”).
The ordinary shares and rights that are separated will trade on
Nasdaq under the symbols “RDAC” and “RDACR,” respectively. Those
units not separated will continue to trade on Nasdaq under the
symbol “RDACU.” Holders of units will need to have their brokers
contact Continental Stock Transfer & Trust Company, the
Company’s transfer agent, in order to separate the units into
ordinary shares and rights.
The units were initially offered by the Company in an
underwritten offering. Lucid Capital Markets, LLC acted as sole
book-running manager of the offering. A registration statement on
Form S-1, as amended (File No. 333-280026), relating to these
securities was filed with the Securities and Exchange Commission
(“SEC”) and became effective on October 10, 2024. A final
prospectus relating to the offering was filed with the SEC and is
available on the SEC's website at http://www.sec.gov. The offering
was made only by means of a prospectus forming part of the
effective registration statement. Electronic copies of the
prospectus relating to this offering may be obtained from Lucid
Capital Markets, 570 Lexington Avenue, 40th Floor, New York, NY
10022.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Rising Dragon Acquisition Corp.
Rising Dragon Acquisition Corp. is a blank check company newly
incorporated as a Cayman Islands exempted company with limited
liability for the purpose of entering into a merger, share
exchange, asset acquisition, share purchase, recapitalization,
reorganization or similar business combination with one or more
businesses or entities. The Company's efforts to identify a
prospective target business will not be limited to a particular
industry or geographic region.
Forward-Looking Statements
This press release includes forward-looking statements that
involve risks and uncertainties. Forward-looking statements are
statements that are not historical facts. Such forward-looking
statements are subject to risks and uncertainties, which could
cause actual results to differ from the forward-looking statements.
The Company expressly disclaims any obligations or undertaking to
release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in the Company's
expectations with respect thereto or any change in events,
conditions or circumstances on which any statement is based.
Contact:
Wenyi Shenwoody.shen@hywincapital.cnRising Dragon Acquisition
Corp.No. 604, Yixing Road, Wanbolin District, Taiyuan City,Shanxi
Province, People’s Republic of China
Rising Dragon Acquisition (NASDAQ:RDAC)
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